X0303 4 2010-11-02 0 0000731939 TEMPLE INLAND INC TIN 0001335843 Vesci Dennis J 1300 SOUTH MOPAC THIRD FLOOR AUSTIN TX 78746 0 1 0 0 Group VP-Corrugated Packaging Common Stock 2010-11-02 2010-11-02 4 M 0 1500 10.56 A 56319 D Common Stock 2010-11-02 2010-11-02 4 M 0 3000 6.92 A 59316 D Common Stock 2010-11-02 2010-11-02 4 M 0 5000 11.96 A 64319 D Common Stock 2010-11-02 2010-11-02 4 S 0 9500 20.86 D 54319 D Common Stock 2800 I By Trustee of 401(k) Plan Options (right to buy) 10.56 2010-11-02 2010-11-02 4 M 0 1500 0.00 D 2006-02-01 2012-02-01 Common Stock 1500 0 D Options (right to buy) 6.92 2010-11-02 2010-11-02 4 M 0 3000 0.00 D 2006-02-07 2013-02-07 Common Stock 3000 0 D Options (right to buy) 11.96 2010-11-02 2010-11-02 4 M 0 5000 0.00 D 2005-02-06 2014-02-06 Common Stock 5000 0 D Options (right to buy) 16.14 2006-02-04 2015-02-04 Common Stock 5000 5000 D Restricted Stock Units (Deferred) Common Stock 12041 12041 D Options (right to buy) 21.55 2007-02-03 2016-02-03 Common Stock 18450 18450 D Options (right to buy) 24.34 2008-02-02 2017-02-02 Common Stock 18450 18450 D Options (right to buy) 19.50 2009-02-01 2018-02-01 Common Stock 91439 91439 D Restricted Stock Units Common Stock 29216 29216 D Options (right to buy) 5.64 2010-02-06 2019-02-06 Common Stock 99074 99074 D Performance Stock Units Common Stock 103365 103365 D Options (right to buy) 16.71 2011-02-05 2020-02-05 Common Stock 40949 40949 D Performance Stock Units Common Stock 28653 28653 D The price in Column 4 is a weighted average price. The prices actually paid ranged from $20.73 to $21.03. Reporting Person will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range. Includes 31714 Restricted Stock Units granted to Reporting Person on February 5, 2010. These RSUs will vest effective February 5, 2013 if 1% ROI or ROI in top three quartiles of peer group performance criteria is met, and will be settled for stock on the vesting date. Reporting Person holds shares under a 401(k) plan, and figures are according to the latest report of the Plan Administrator. (Note: Plan Administrator uses unit accounting; therefore, share equivalents may fluctuate slightly.) The exercise price of these outstanding options were amended from that previously reported in connection with the spin-off announced by the Company effective 12/28/2007, and pursuant to anti-dilution provisions set forth in the option plan and is intended to give the option the same economic value it had before the spin-off. Option vesting schedule: Options Exercisable 02/01/2006 - 1500. Options Vesting Schedule: Options Exercisable 02/07/2006 - 1,500 and Options Exercisable 02/07/2007 - 1,500. Options Vesting Schedule: Options Exercisable 02/06/2005 - 1,250, Options Exercisable 02/06/2006 - 1,250, Options Exercisable 02/06/2007 - 1,250, and Options Exercisable 02/06/2008 - 1,250. Options Vesting Schedule: Options Exercisable 02/04/2006 - 1,250, Options Exercisable 02/04/2007 - 1,250, Options Exercisable 02/04/2008 - 1,250, and Options Exercisable 02/04/2009 - 1,250. Restricted stock units deferred under a terminated Company bonus deferral plan, to be settled upon the reporting person's retirement. Restricted stock units earned before 2006 are payable in stock. Restricted stock units earned in 2006 or later are payable in cash. Options Vesting Schedule for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 4,612; Options Exerciserable 02/03/2008 - 4,612; Options Exerciserable 02/03/2009 - 4,612; and Options Exerciserable 02/03/2010 - 4,614. Options Vesting Schedule for Options Granted 02/02/2007: Options Exerciserable 02/02/2008 - 4,612; Options Exerciserable 02/02/2009 - 4,613; Options Exerciserable 02/02/2010 - 4,612; and Options Exerciserable 02/02/2011 - 4,612. Restricted Stock Units granted on February 1, 2008 will vest effective February 1, 2011 if 1% ROI performance criteria is met. Restricted Stock Units will be settled for cash based on the fair market value on the vesting date. Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 24,768; Options Exerciserable 02/06/2011 - 24,769; Options Exerciserable 02/06/2012 - 24,768; and Options Exerciserable 02/06/2013 - 24,769. Performance Stock Units granted on February 6, 2009 will vest on or after February 6, 2012 at 100% if the Company's average ROI falls within the first quartile ROI ranking compared to its peer group; 75% if in the second quartile; zero if in the bottom half. PSUs will be settled for cash based on the fair market value on the vesting date. Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 10237; Options Exercisable 02/05/2012 - 10237; Options Exercisable 02/05/2013 - 10237; and Options Exercisable 02/06/2014 - 10238. Performance Stock Units granted on February 5, 2010 will vest on or after February 5, 2013 at 100% if the Company's average ROI falls within the first quartile ROI ranking compared to its peer group; 75% if in the second quartile, zero if in the bottom half. PSUs will be settled for cash based on the fair market value on the vesting date. Leslie K. O'Neal signed on behalf of Dennis J. Vesci 2010-11-03